Sberbank Launches QR Code Payment in the Fast Payments System

Sberbank and its “daughter” YuMoney have connected payment for goods and services by QR-code in the Fast Payments System (FPS). During July, the bank plans to gradually expand the service to all clients of Sberbank-online, according to a press release from the credit institution.

YuMoney has also completed joining the SBP service. “The payment method using the SBP through“ YuKassa ”is currently launched for a group of merchants, together with which technical processes are being worked out for … further scaling of the service,” said Ivan Glazachev, General Director of “YuMoney”.

In the SBP, you can pay for purchases or services using the SBP QR-sticker, pre-formed for the merchant, or using the SBP QR code for one-time use (for a specific purchase).

In April, the Central Bank presented a plan to expand the functionality of the SBP. In particular, the system is planned to be supplemented with services for making payments to the budget, as well as to be connected to the GIS of housing and communal services.

Read more about the plans of the regulator in the material of “Kommersant” “Central among banks”.

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